A furniture import business plan needs to make it clear that you know all about the regulations and processes that impact an import/export business specializing in furniture. There are all sorts of furnishings from Asia, Africa, and the Middle East that U.S. consumers will eagerly add to their homes, but getting them into the country safely, legally, and cost-effectively is a complicated matter for small businesses specializing in this line of work. Your company should detail its past performance, if it's an existing business and has open books, which means compiling the profit and loss statements and balance sheets from each of the past 2-3 years. You can also provide a description of your transaction volume, import channels, larger accounts, and so forth. The plan should answer the following questions for the investor or banker:
• What countries do you export from?
• How often are you there physically?
• Do you have any staff in the locations of export?
• What are the channels for importation and what regulations do you face?
• How will you use the funds you get?
The business plan for a furniture import company needs to have an assessment of the market conditions in your area for the purchase of the furniture, or simply a piece that looks at the market opportunity nationally if you sell the goods on the Internet and ship them nationwide. You should be able to offer a forecast of the industry revenues going 3-5 years out, and couple that with a needs assessment, target market segment strategy, and a marketing plan that describes what you'll do to promote the import business going forward. The pro forma should show at least three years of revenues and expenses. The experts at MasterPlans can get this plan together for you in as little as 1-2 weeks. Call us to learn about our process that has worked for 11,000+ clients! (877) 453-2011.
